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REGISTERED NUMBER: 05705385 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

TIDAL MEDIA LIMITED

TIDAL MEDIA LIMITED (REGISTERED NUMBER: 05705385)

Contents of the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TIDAL MEDIA LIMITED

Company Information
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: N D Bayat





REGISTERED OFFICE: 60 Ross Road
South Norwood
SE25 6SB





REGISTERED NUMBER: 05705385 (England and Wales)





ACCOUNTANTS: Owadally & King
Chartered Certified Accountants
73 Park Lane
Croydon
Surrey
CR0 1JG

TIDAL MEDIA LIMITED (REGISTERED NUMBER: 05705385)

Balance Sheet
30 JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 580 1,544

CURRENT ASSETS
Debtors 5 1,563 123
Cash at bank 2,682 2,262
4,245 2,385
CREDITORS
Amounts falling due within one year 6 30,905 32,716
NET CURRENT LIABILITIES (26,660 ) (30,331 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(26,080

)

(28,787

)

CREDITORS
Amounts falling due after more than one
year

7

8,052

9,402
NET LIABILITIES (34,132 ) (38,189 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (34,232 ) (38,289 )
(34,132 ) (38,189 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TIDAL MEDIA LIMITED (REGISTERED NUMBER: 05705385)

Balance Sheet - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2024 and were signed by:





N D Bayat - Director


TIDAL MEDIA LIMITED (REGISTERED NUMBER: 05705385)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Tidal Media Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The directors consider the use of the going concern basis of accounting is appropriate because they are
supporting the company financially and there are no material uncertainties related to events or conditions that
may cast significant doubt about the ability of the company to continue as a going concern.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

TIDAL MEDIA LIMITED (REGISTERED NUMBER: 05705385)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 7,027
DEPRECIATION
At 1 July 2022 5,483
Charge for year 964
At 30 June 2023 6,447
NET BOOK VALUE
At 30 June 2023 580
At 30 June 2022 1,544

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,440 -
Other debtors 123 123
1,563 123

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1,349 1,316
Trade creditors 928 868
Taxation and social security 1,420 898
Other creditors 27,208 29,634
30,905 32,716

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 8,052 9,402

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,307 3,552

TIDAL MEDIA LIMITED (REGISTERED NUMBER: 05705385)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 JUNE 2023


8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N D Bayat.